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The two sides of public debt: Intergenerational altruism and burden shifting

In controlled laboratory experiments with and without overlapping generations, we study the role of intergenerational altruism in public debt accumulation. Public debt is chosen by popular vote, pays for public goods, and is repaid with general taxes. We use an optimal control model to derive a theo...

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Detalles Bibliográficos
Autores principales: Fochmann, Martin, Sachs, Florian, Sadrieh, Abdolkarim, Weimann, Joachim
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2018
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6112656/
https://www.ncbi.nlm.nih.gov/pubmed/30153283
http://dx.doi.org/10.1371/journal.pone.0202963